Vogue Singapore Releases First NFT Collection

Business Insider
Elon Musk's luck has finally run out
Buying Twitter was the biggest gamble of Musk's career. Now he — and his empire — are cracking under the pressure.
18h ago
Reuters
Bernie Madoff is long gone. The lawyers are going strong
Long before cryptocurrency and Sam Bankman-Fried, the biggest name in corporate fraud was Bernie Madoff. Fifteen years after the FBI arrested Madoff on Dec. 11, 2008 for running a massive Ponzi scheme — and two years after his death in a federal prison — lawyers are still sifting through the fallout of his nearly $65 billion fraud. More than $14.6 billion has been recovered for Madoff's victims so far by Irving Picard, the court-appointed trustee overseeing the liquidation of Madoff's firm, and his legal team.
3h ago
The Wall Street Journal
Your Cash Is Earning 5% Interest. Is Now the Time to Move It?
Americans piled into the safe, guaranteed return provided by cash and cash-like investments in the past year. Money-market funds and high-yield savings accounts each had inflows with households, adding more than $651 billion to money-market funds in the second quarter compared with last year, according to Federal Reserve data. Driving the decision to take money out of stocks and bonds and into cash was the Fed. A campaign of interest-rate increases from the central bank pushed the returns of money-markets and similar securities higher.
3h ago
Business Insider
How many times will the Fed cut rates? Here's what Wall Street expects for the key stock-market driver in 2024.
Interest rates are an important driver of the US economy and the stock market, and the potential for cuts could mean lower mortgage rates next year.
13h ago
Yahoo Finance
Macy's mulling $5.8 billion buyout offer: source
Macy's shareholders receive an early holiday season gift.
14h ago
Zacks
Bull of the Day: CRISPR Therapeutics (CRSP)
FDA approval for revolutionary Sickle Cell Disease gene-editing treatment promises a bright future
3h ago
Investor's Business Daily
Dow Jones Futures: Market Looks Ready To Run; 5 Stocks In Buy Zones As Tesla Sets Up
The S&P 500 hit a 2023 high, signaling the market may be ready for run again. 5 chip stocks are in buy zones as Tesla sets up.
30m ago
Barrons.com
Apple Stock May Break Through Its All-Time Closing High. Why This Analyst Sees a ‘Golden Opportunity.’
Apple shares are nearing a record closing high. Surprisingly strong iPhone sales could be the key to it pushing through that barrier, according to Wedbush analyst Dan Ives.
3h ago
Barrons.com
Tesla Is Offering Higher Incentives in Year-End Push for Volume
It’s year-end and Tesla is in the midst of its final push to meet Wall Street expectations for a record quarter. Instead of price cuts, Tesla is using a new tool to move metal: Incentives. Barron’s looked at incentives on Tesla vehicles in inventory.
18h ago
Investor's Business Daily
Warren Buffett-Backed Occidental Petroleum Seals $12 Billion Deal For Permian Producer
Warren Buffett-backed Occidental Petroleum announced Monday it agreed to purchase privately held Permian Basin oil producer, CrownRock. The deal, valued at around $12 billion, would be the company's first major acquisition since 2019. Occidental Petroleum's bid for CrownRock comes as energy companies look to increase their share of the consolidating Permian Basin pie.
30m ago
TipRanks
TipRanks’ ‘Perfect 10’ Picks: 2 Top-Scoring Stocks for 2024
The bulls are coming out in force, and predicting solid gains for the stock market in 2024. In recent forecasts, 5 out of 8 major investment banks are predicting that the S&P 500 will hit 5,000 or better. The most bullish of these, from Tom Lee, head of research at Fundstrat, says that the index will reach as high as 5,200 next year, for a 13.4% gain from current levels. In Lee’s view, the falling rate of inflation, and consequent easing of interest rates and tight money policies, will steer the
1d ago
Barrons.com
Nvidia to Invest in Chip Production in Vietnam. It’s All About Spreading the Risk.
Nvidia intends to turn Vietnam into a “major chip manufacturing hub”, according to the Vietnamese government. It's the latest sign the chip maker wants to lessen its dependence on Taiwan.
23m ago
AppleInsider
Wedbush raises Apple price target again, to $250
Wedbush continues to be impressed by Apple, raising its price target for the iPhone maker from $240 to $250, a second rise in a three-month period.
17h ago
The Wall Street Journal
A New Era of Income Investing Is Turning Boomers Into Bond Buyers
The recent surge in interest rates that sent bond yields near a 15-year high is the “single best economic and financial development in 20 years” for retirees, said Joe Davis, global chief economist at Vanguard. With current yields on 10-year U.S. Treasury notes at 4.23%, boomers, ages 59 to 77, have reason to move money into the more conservative investments. This moment presents new opportunities for investors in or near retirement to use bonds to reduce risk and generate steady income, financial advisers say.
1d ago
SmartAsset
Ask an Advisor: ‘Am I Too Late?' I'm 68, Have No Investments and Only Have $60K Saved
At 68, I do not have any investments of any kind. My $80,000 condo is paid off, and I have $60,000 saved. Am I too late? -Bernhard It's never too late to start investing and managing your money. But I … Continue reading → The post Ask an Advisor: ‘Am I Too Late?' I'm 68, Have No Investments and Only Have $60K Saved appeared first on SmartAsset Blog.
21h ago
Yahoo Finance
Stock market news today: US futures tread water with CPI data, Fed on the horizon
Investors are counting down to key consumer inflation data and the Fed's last policy decision of the year.
59m ago
The Wall Street Journal
Occidental to Buy CrownRock for $12 Billion as Oil Patch Consolidates
Occidental Petroleum agreed to a $12 billion deal to buy West Texas producer CrownRock as the independent oil company seeks to keep pace with consolidation in the industry.
19m ago
Yahoo Finance
Ozempic, weight loss drugs fears settle into longer-term risks for food companies
Investors have fretted that weight loss drugs were going to overhaul the eating behaviors of consumers, health needs, and even wardrobes. So far, the fears have been overblown.
3h ago
SmartAsset
Ask An Advisor: I Live on Social Security and Food Stamps. Can I Protect My Investments in a Down Market?
I'm retired and living on Social Security and food stamps. I have all my money in two conservative retirement accounts. I cannot contribute any money to them. I plan on taking distributions in five years. What's the best course of … Continue reading → The post Ask An Advisor: I Live on Social Security and Food Stamps. Can I Protect My Investments in a Down Market? appeared first on SmartAsset Blog.
21h ago
Reuters
Sharp Fed liquidity drain hints at early end for balance sheet runoff
A key threshold markets link with an end to the Federal Reserve’s wind-down of its asset holdings could be hit sooner than expected, pointing to fresh uncertainty over the endgame for the central bank’s balance sheet normalization process. According to the most recent New York Fed survey of Wall Street’s biggest banks, the Fed is expected to end the contraction of its holdings of cash and bonds when balances in its reverse repo facility fall to $625 billion. At the same time, banks in the survey also say quantitative tightening, or QT, is likely to stop in the third quarter of next year.
2h ago

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